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Neonode To Report Fourth Quarter And Full Year 2011 Results On March 13, 2012

Neonode Inc. (OTC BB:NEON), the optical touch screen technology company, announced today that it will release financial results for the three and twelve month periods ended December 31, 2011 prior to the market open on Tuesday, March 13, 2012.

The Company will host a conference call on Tuesday, March 13 at 10:00 a.m. Eastern Time featuring remarks by Thomas Eriksson, CEO of Neonode, and David Brunton, CFO of Neonode. The conference call will be available via webcast at www.neonode.com and www.kcsa.com. Please allow extra time prior to the call to visit the site and download any necessary software to listen to the Internet broadcast. The dial-in number for the conference call is (877) 539-0733 (U.S. domestic) or (678) 607-2005 (international) participants. All dial-in participants must use the following code to access the call: 58117947. Please call at least five minutes before the scheduled start time.

For interested individuals unable to join the conference call, a replay of the call will be available through April 13, 2012 at (855) 859-2056 (U.S. domestic) or (404) 537-3406 (international). Participants must use the following code to access the replay of the call: 58117947. The online archive of the webcast will be available on www.neonode.com or www.kcsa.com for 30 days following the call.

About Neonode®

Neonode, Inc. (OTC BB: NEON) is a provider of optical touch technologies for portable devices. Neonode offers technology licenses and engineering design services that enable companies to make high functionality touch screens at low cost. Neonode's customers include Sony, L&I and Barnes & Noble. Neonode is characterized by unparalleled user experiences with technologies that offer significant advantages with features such as no overlay, low latency pen tracking, high speed scanning, proximity sensing and object-size measuring. Neonode’s patented touch solution zForce is developed for touch enabled smart phones and tablets, toys and games devices, health appliances, printers and office equipment, e-readers and automotive applications. Neonode and zForce are registered trademarks of Neonode, Inc. For more information, please visit www.neonode.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include, but are not limited to, statements relating to expectations, future performance or future events, and product cost, performance, and functionality matters. These statements are based on current assumptions, expectations and information available to Neonode management and involve a number of known and unknown risks, uncertainties and other factors that may cause Neonode’s actual results, levels of activity, performance or achievements to be materially different from any expressed or implied by these forward-looking statements.

These risks, uncertainties, and factors are discussed under “Risk Factors” and elsewhere in Neonode’s public filings with the U.S. Securities and Exchange Commission from time to time, including Neonode’s annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K. You are advised to carefully consider these various risks, uncertainties and other factors. Although Neonode management believes that the forward-looking statements contained in this press release are reasonable, it can give no assurance that its expectations will be fulfilled. Forward-looking statements are made as of today’s date, and Neonode undertakes no duty to update or revise them.



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